131 Red Bird Ln
Penrose, NC 28766
4 bd 6 ba 5,733 sqft Built 1972 Lot 143,748 sqft single_family
Most recent sale
$775,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $775,000 | MLS #3880547 |
| May 27, 2021 | Sold | $565,500 | MLS #3675084 |
| Feb 15, 2021 | Price changed | $589,000 | MLS #3675084 |
| Dec 2, 2020 | Price changed | $600,000 | MLS #3675084 |
| Nov 11, 2020 | Price changed | $625,000 | MLS #3675084 |
| Oct 22, 2020 | Listed | $675,000 | MLS #3675084 |
| Jun 1, 2016 | Listing removed | $625,000 | NWCarolina |
| Dec 7, 2015 | Price changed | $625,000 | MLS #NCM586086 |
| Oct 19, 2015 | Listing removed | $650,000 | NWCarolina |
| Oct 9, 2015 | Listing removed | $650,000 | CanopyMLS |
| Sep 23, 2015 | Listed | $650,000 | MLS #NCM586086 |
| May 29, 2015 | Listing removed | $670,000 | NWCarolina |
| May 22, 2015 | Listed | $670,000 | MLS #567713 |
| May 11, 1999 | Sold | $255,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,044,240 | $125,770 | $1,170,010 | $5,621 |
| 2023 | $524,220 | $55,940 | $580,160 | $3,819 |
| 2022 | $524,220 | $56,430 | $580,650 | $3,822 |
| 2021 | $614,300 | $56,430 | $670,730 | $4,385 |
| 2020 | $450,500 | $52,500 | $503,000 | $3,505 |
| 2019 | $450,500 | $52,500 | $503,000 | $3,479 |
| 2018 | $447,730 | $52,500 | $500,230 | $3,013 |
| 2017 | $447,730 | $52,500 | $500,230 | $3,012 |
| 2016 | $447,730 | $52,500 | $500,230 | $2,995 |
| 2015 | $306,700 | $52,500 | $359,200 | $1,921 |
| 2014 | — | — | $359,200 | $1,873 |
| 2013 | — | — | $359,200 | $1,812 |
| 2012 | — | — | $359,200 | $1,626 |
| 2011 | — | — | $359,200 | $1,626 |
| 2010 | — | — | $359,200 | $1,626 |
| 2009 | — | — | $359,200 | $1,626 |
| 2007 | — | — | $258,330 | $1,601 |
Property facts
Year built
1972
Property type
single_family
Stories
—
Beds
4
Baths
6
Living area
5,733 sqft
Lot size
143,748 sqft
ZIP code
28766
City
Penrose
Street
Red Bird Ln
Coordinates
35.24575, -82.63461
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,740
Gross rental yield
11.98%
Implied cap rate
7.79%
Trend-extrapolated value
—
Frequently asked questions
When did 131 Red Bird Ln last sell?
131 Red Bird Ln most recently sold on Jun 17, 2022 for $775,000.
What is the current tax assessment for 131 Red Bird Ln?
The most recent total assessment for 131 Red Bird Ln (year 2025) is $1,170,010 with $5,621 in property tax.
How does 131 Red Bird Ln's assessment compare to its last sale price?
The current assessment is 51.0% above the last sale price of $775,000.
When was 131 Red Bird Ln built?
131 Red Bird Ln was built in 1972.
How does 131 Red Bird Ln compare to others on Red Bird Ln?
We track 1 other property on Red Bird Ln. Browse the list under "Other properties on Red Bird Ln" to compare beds, baths, and sale history.
What are the property facts for 131 Red Bird Ln?
131 Red Bird Ln is a 4 bed, 6 bath, 5,733 sqft, 143,748 sqft lot single_family.
Is 131 Red Bird Ln a flip candidate?
Yes — 131 Red Bird Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 131 Red Bird Ln a tax-appeal candidate?
Yes — 131 Red Bird Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q2
$324.9K
2026 Q3
$330.1K
ZIP 28766 — Median Price History + Forecast
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Geography
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